by David Edwards | Mar 12, 2012 | EP-FamilyFarmsPage, Family Farm, Risks of joint ownership, Wills and Trusts
Grandad left his property to Dad. Then when Dad passed away he left it to his two daughters and one son. The three kids owned it jointly after he died. Everything seemed fair and good. They never saw a need to divide the property. Well, the son was in his 50’s...
by David Edwards | Mar 6, 2012 | Asset Protection, Business or Farm, EP-FamilyFarmsPage, Family Farm, Kids' Inheritance, Wills and Trusts
A few years back, Michelle and I took Bailey to her Kindergarten preview night. They say kids grow up fast, and it’s true. All too quickly they head out into the big world with lots of advice from mom and dad. I hope she’ll remember our advice and follow...
by David Edwards | Mar 11, 2010 | Asset Protection, Business or Farm, EP-FamilyFarmsPage, Family Farm
Family farms. Effectively planning to protect the family farm requires us to consider at least two types of planning. And the 2 types involve 2 different definitions of “save”. 1. Does it mean to transfer the farm and protect it from nursing home costs,...
